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BusinessWorld
rd stimulus bill
PHILIPPINE STAR/ KRIZ JOHN ROSALES
PRESIDENT Rodrigo R. Duterte will not certify as urgent the proposed third stimulus law, and will instead work to identify sources of stimulus funds that will not bust the 8.9% budget deficit cap, his spokesman said.
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Ang ginagamit natin ngayon ay ang ating budget for 2021 (All we can use now is the 2021 budget),â spokesman Herminio L. Roque, Jr. said at a televised briefing Tuesday.
Citing Finance Secretary Carlos G. Dominguez III, Mr. Roque said the economic team instead proposes to keep the deficit cap intact, and will work with Congress to find funds that will not cause the government to exceed it.